Bharat Electronics shares were trading in the green and 2% higher on 22 December after it announced receiving orders worth Rs 2,673 crore from Goa Shipyard and Garden Reach Shipbuilders & Engineers.

In its regulatory filing, the company said that the order value from Garden Reach Shipbuilders & Engineers is Rs 972 crore, and that of Goa Shipyard is Rs 1,701 crore.

The order is to supply 14 types of sensors that are used on Next Generation Offshore Patrol Vessels.

Electronics and other associated industries, including MSMEs, will participate in this order as they are sub-vendors of the company.

On 15 December, the company also received additional orders worth Rs 86.15 crore for miscellaneous spares and services.

Earlier last week, the company signed a mega contract with the Ministry of Defence to procure electronic fuses for the Indian Army. The contract is for a period of 10 years for a total consideration of Rs 5,336.25 crore.

The company’s cumulative order book stands at Rs 25,935.15 crore so far in the current fiscal year.

At 3:30 pm, the shares of Lupin closed 2.29% higher at Rs 174.55 on NSE.